Apple took a giant leap toward becoming the first public company worth one trillion dollars after the company's shares soared after hours. The rally came after Apple reported its earnings for the third fiscal quarter, which included the three month period from April through June. Even though sales of the Apple iPhone rose less than 1% to 41.3 million for the quarter (slightly under Wall Street estimates), revenue attributed to the device rose a strong 20% to $29.91 billion. That was due to a 20% rise in the Average Selling Price for the iPhone, to $724. That would indicate strong sales ...
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